XML 101 R24.htm IDEA: XBRL DOCUMENT v2.4.1.9
Stock-Based Compensation
 12 Months Ended
Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock-Based Compensation

16.  Stock-Based Compensation

Stock Options

A summary of the status of the stock options is presented below:

 

    

Stock
Options

    

Weighted-average
Exercise Price

  

Outstanding at January 1, 2014

      35,500      $ 16.04   

Forfeited

      (1,250 )      N/A   

Exercised

      (34,250 )      16.04   
  

 

 

    

 

 

  

Outstanding at December 31, 2014

      0      $ 0   
  

 

 

    

 

 

  

Options vested and exercisable at December 31, 2014

      0     

Fair value of options granted during 2014

      N/A     

Number of authorized stock-based awards available for grant

      358,041     

Additional information related to the stock option plan follows:

 

     2014      2013    2012  

Intrinsic value of options exercised

    $ 67       $99    $ 114   

Cash received from option exercises

      549       698      424   

As of December 31, 2014, there was no unrecognized compensation cost related to nonvested stock options granted under the stock option plan.

Restricted Stock Awards

A summary of changes in nonvested restricted stock awards follows:

 

     Shares     

Weighted-average
Grant Date
Fair Value

  

Nonvested at January 1, 2014

      62,076         $16.25   

Granted

      35,400         17.19   

Vested

      (29,266 )       16.06   
  

 

 

     

 

 

  

Nonvested at December 31, 2014

      68,210         $16.82   
  

 

 

     

 

 

  

As of December 31, 2014 and 2013, there was $758 and $675, respectively, of total unrecognized compensation cost related to nonvested shares granted under the restricted stock award plan. The fair value of shares vesting during 2014, 2013, and 2012 was $518, $323 and $206, respectively. Compensation expense for restricted stock awards was $548 in 2014, $390 in 2013, and $277 in 2012.